A $12,000 CD account can produce a return worth hundreds of dollars for savers in a relatively short amount of time. MERTEREN/merteren/Getty Images A report earlier this month showing inflation declining in June was a step in the right direction for millions of Americans, but it also underlined the work that still lies ahead. With … Read more
Washington — The House on Tuesday approved a short-term extension to fund the government until Dec. 4, hoping to punt the annual funding fight past the November midterm elections. The funding patch, known as a continuing resolution, passed in a 220 to 205 vote. Six Democrats voted with all but one Republican in favor. “The … Read more
Savers can easily earn hundreds of dollars in interest with a $15,000 short-term CD account opened now. Javier Ghersi/Getty Images Whether you have a small amount of money saved in your bank account now or a larger, five-figure amount, maintaining full access to those funds remains critically important. With interest rates keeping borrowing costs high, … Read more
Washington — President Trump said Wednesday that he’s asking Congress to approve a short-term extension of a key spy authority, which is set to expire Friday, amid an impasse over his selection of Bill Pulte as acting director of national intelligence. “FISA 702 is very important to our Military, and keeping the American People safe, … Read more
Short-term CDs and money market accounts should be carefully evaluated by savers now. Getty Images/iStockphoto There are multiple viable ways for savers to accumulate $50,000 in their savings accounts. But in today’s uncertain economic climate, there are few clear ways to protect and grow that money further. Stock market performance has been strong, for example, … Read more
Significant interest earnings on a $40,000 short-term CD can pile up quickly in today’s elevated rate climate. sakchai vongsasiripat/Getty Images If you’ve been able to save a large amount of money – such as $40,000 – in recent years, then you probably want to keep a close eye on it. And investing it now, when … Read more
Before you park $25,000 in any account, make sure you know how today’s rates could impact your returns. AN Studio/Getty Images The decision of where to park $25,000 used to be straightforward: a traditional savings account, maybe a money market fund, and not much else. But the interest rate environment of the past few years … Read more
A $100,000 deposit will grow differently in a short-term CD compared to a high-yield savings account. tolgart/Getty Images Investing $100,000 into the stock market or alternative investments may make sense in a traditional economic climate. But reports this week showed that that’s far from where many savers find themselves right now. With inflation surging for … Read more
Interest earnings on a $100,000 CD account will stack up fairly quickly in today’s elevated interest rate environment. Getty Images/iStockphoto In a traditional economic landscape, interest rates on long-term certificate of deposit (CD) accounts were typically much higher than those available with short-term CDs — and the logic was easy to understand. Since savers were … Read more
NEWYou can now listen to Fox News articles! If you give them an inch, they may take a mile. And if you give Congress a deadline, they’ll probably take 13 days. Or perhaps 45. Congress recently struggled to reauthorize the nation’s most effective, and arguably most controversial, spying program. After much division, lawmakers only renewed … Read more